LEGAL DESCRIPTION: SW/4 OF SECTION 25-16-27, LESS A TRACT
LOCATION: From Utica, go 5 miles West on Hwy 4, then ½ mile South to the NW corner of the property, OR from Pendennis go 3½ miles East, then ½ mile South to the NW corner of the property. SIGNS WILL BE POSTED!
MINERAL RIGHTS/OIL ROYALTIES:
W/2SW/4: Surface rights only
E/2SW/4: Buyer will receive ½ of the Seller’s 1/3rd interest including oil royalties.
CROPS: There are no growing crops.
FSA INFORMATION:
Cropland Acres - 56.45+
Grass acres - 80.55+
Base Acres DCP Yield
Wheat 56.5 40
Buyer will receive 100% of all FSA payments associated with the 2010 crop year.
POSSESSION: Date of closing.
REAL ESTATE TAXES: Seller to pay taxes for all of 2009 and prior years. Taxes for 2010 will be the responsibility of the Buyer. (2009 taxes estimated at $145.00 by Lane County Appraiser)...
REAL ESTATE TAXES: Seller to pay taxes for all of 2009 and prior years. Taxes for 2010 will be the responsibility of the Buyer. (2009 taxes estimated at $145.00 by Lane County Appraiser)
PRICE: $107,000
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